Hotels, Travel agents, Tour operators, Tourist transport operators eligible for SIL in terms of paragraph 12.12(B) of the Policy shall file the application for SIL in Appendix –20G of the Handbook.
Supply of goods to such projects in the power sector made under the procedure of International Competitive Bidding or Oil and Gas sector, including refineries, made under International Competitive Bidding or Limited Global Tender, in respect of which the Ministry of Finance extends the benefit of deemed exports to domestic supplies.
The 10% duty saved amount in DEPB will be equivalent to 10% of the available credit balance on the lost DEPB whereas for Advance licence, the amount shall be calculated on the basis of duty saved amount for the balance quantity and proportionate CIF value as per the information available in column-22 of Appendix-11B of Handbook of Procedures.
Notification No. 37 (RE-98) restricts the import of various plastic waste and scrap items, permitting only EPZ imports under specific conditions.
Circular No.772 – Income Tax In respect of incomes of all categories of taxpayers (corporate as well as non-corporate) liable to tax for the assessment year 1998-99, the rates of income-tax have been specified in Part I of the First Schedule to the Act and are the same as those laid down in Part III of the First Schedule to the Finance Act, 1997
For any other misdeclaration, laws formulated by the Directorate General of Foreign Trade, in force from time to time, would also apply and action as per Foreign Trade (Development and Regulation) Act, 1992 shall be initiated by the competent authority.
It has been decided to allow export of 25,000MT of Wheat by M/S Karnataka State Cooperative Marketing Federation Ltd., ( KSCMF) Bangalore to Bangladesh @US$162Per MT C&F Gede for Darsana by Rail and /or C&F Sonamasjid/Hilli by truck and place it at the disposal of APEDA for issue of RCACs in favour of M/S Karnataka State Cooperative Marketing Federation Ltd., (KSCMF ) Bangalore.
Notification No. S. O. 1087(E)-Income Tax In exercise of the powers conferred by sub-clause (h) of clause (iv) of sub-section (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies 10.5% tax-free (7A-Series) Konkan Railway Bonds bearing distinctive numbers 1 to 11,40,000 for an amount of rupees one hundred fourteen crores only issued by Konkan Railway Corporation Limited
Importers are entitled to clear goods against debits in valid Passbooks vide Entry No. 13 Notification No. 34/98- Cus. dated 13.6.98. Merchant exporters are otherwise entitled to the benefit of exemption from SAD vide S. No. 12 of Notification No. 34/98-Cus. dated 13.6.98. This is a stand alone entry which exempts all goods which are for sale as such, and so long as the importers make a
I am directed to refer to Sl. No. 171 of Notification No. 2398-Cus dated 2.6.98, wherein goods specified in List 29, Sl. No. (i) (a), Wireless in Local Loop System (excluding terminal equipment) for basic Telecom Service Project, are extended concessional duty @ 20% basic and ‘Nil’ additional duty
